Argentina Public Consumption: % of GDP

1993 - 2024 | Quarterly | % | CEIC Data

Key information about Argentina Public Consumption: % of GDP

  • Argentina Public Consumption accounted for 15.1 % of its Nominal GDP in Jun 2024, compared with a share of 14.7 % in the previous quarter.
  • Argentina Public Consumption share of Nominal GDP ratio is updated quarterly, available from Mar 1993 to Jun 2024, with an average number of 14.7 %.
  • The data reached an all-time high of 19.7 % in Dec 2015 and a record low of 9.9 % in Jun 2004.

CEIC calculates Government Consumption as % of Nominal GDP from quarterly Government Consumption Expenditure and quarterly Nominal GDP. The National Institute of Statistics and Censuses provides Government Consumption Expenditure in local currency and Nominal GDP in local currency, based on benchmark year 2004. Government Consumption as % of Nominal GDP prior to Q1 2004 is based on previous benchmark year 1993.


Related information about Argentina Public Consumption: % of GDP

  • In the latest reports, Argentina GDP expanded 1.2 % YoY in Mar 2023.
  • Argentina Nominal GDP reached 150.8 USD bn in Mar 2023.
  • Its GDP deflator (implicit price deflator) increased 94.1 % in Mar 2023.
  • Argentina GDP Per Capita reached 13,659.4 USD in Dec 2022.
  • Its Gross Savings Rate was measured at 11.0 % in Mar 2023.
  • For Nominal GDP contributions, Investment accounted for 13.4 % in Jun 2024.
  • Private Consumption accounted for 69.6 % in Jun 2024.

View Argentina's Public Consumption: % of GDP from Mar 1993 to Jun 2024 in the chart:

Argentina Public Consumption: % of GDP

What was Argentina's Public Consumption: % of GDP in Jun 2024?

Argentina Public Consumption accounted for 15.1 % of its Nominal GDP in Jun 2024, compared with a share of 14.7 % in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
15.1 Jun 2024 14.7 Mar 2024 9.9 Jun 2004 19.7 Dec 2015 % quarterly Mar 1993 - Jun 2024

Public Consumption: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) 9.4 Sep 2022 quarterly Mar 2008 - Sep 2022
Algeria (%) 16.9 2023 yearly 1950 - 2023
Argentina (%) 15.1 Jun 2024 quarterly Mar 1993 - Jun 2024
Armenia (%) 10.7 Jun 2024 quarterly Dec 1994 - Jun 2024
Australia (%) 20.4 Dec 2022 quarterly Sep 1959 - Dec 2022
Austria (%) 21.4 Jun 2024 quarterly Mar 1988 - Jun 2024
Azerbaijan (%) 17.6 Jun 2024 quarterly Mar 2001 - Jun 2024
Bahrain (%) 13.6 2022 yearly 1975 - 2022
Bangladesh (%) 5.6 2024 yearly 1973 - 2024
Belarus (%) 20.6 Jun 2024 quarterly Mar 1994 - Jun 2024
Belgium (%) 24.8 Jun 2024 quarterly Mar 1980 - Jun 2024
Bolivia (%) 20.4 Jun 2024 quarterly Mar 1990 - Jun 2024
Bosnia and Herzegovina (%) 17.8 Jun 2024 quarterly Mar 2008 - Jun 2024
Botswana (%) 30.5 Jun 2024 quarterly Mar 2006 - Jun 2024
Brazil (%) 18.4 Jun 2024 quarterly Mar 1996 - Jun 2024
Brunei (%) 17.6 Sep 2022 quarterly Mar 2004 - Sep 2022
Bulgaria (%) 20.8 Dec 2022 quarterly Mar 1995 - Dec 2022
Cambodia (%) 5.9 2022 yearly 1993 - 2022
Canada (%) 21.7 Jun 2024 quarterly Mar 1961 - Jun 2024
Chile (%) 15.5 Jun 2024 quarterly Mar 1996 - Jun 2024
China (%) 16.5 2023 yearly 1952 - 2023
Colombia (%) 12.4 Mar 2024 quarterly Mar 2005 - Mar 2024
Croatia (%) 23.2 Jun 2024 quarterly Mar 1995 - Jun 2024
Cyprus (%) 18.2 Jun 2024 quarterly Mar 1995 - Jun 2024
Czech Republic (%) 22.6 Dec 2022 quarterly Mar 1995 - Dec 2022
Denmark (%) 23.0 Jun 2024 quarterly Mar 1990 - Jun 2024
Ecuador (%) 13.7 Jun 2024 quarterly Mar 1991 - Jun 2024
Egypt (%) 7.0 Jun 2024 quarterly Sep 2001 - Jun 2024
Estonia (%) 21.1 Jun 2024 quarterly Mar 1993 - Jun 2024
European Union (%) 21.4 Jun 2024 quarterly Mar 1995 - Jun 2024
Finland (%) 23.8 Dec 2022 quarterly Mar 1975 - Dec 2022
France (%) 24.3 Sep 2024 quarterly Mar 1980 - Sep 2024
Georgia (%) 12.7 Dec 2023 quarterly Mar 1996 - Dec 2023
Germany (%) 21.8 Jun 2024 quarterly Mar 1991 - Jun 2024
Ghana (%) 5.9 2023 yearly 2006 - 2023
Greece (%) 19.1 Jun 2024 quarterly Mar 1995 - Jun 2024
Hong Kong SAR, China (%) 13.7 Dec 2022 quarterly Mar 1973 - Dec 2022
Hungary (%) 20.2 Jun 2024 quarterly Mar 1995 - Jun 2024
Iceland (%) 25.8 Jun 2024 quarterly Mar 1995 - Jun 2024
India (%) 10.2 Jun 2024 quarterly Jun 1996 - Jun 2024
Indonesia (%) 9.9 Dec 2022 quarterly Mar 1993 - Dec 2022
Iran (%) 16.4 Mar 2024 quarterly Jun 1988 - Mar 2024
Ireland (%) 11.2 Jun 2024 quarterly Mar 1995 - Jun 2024
Israel (%) 26.6 Jun 2024 quarterly Mar 1995 - Jun 2024
Italy (%) 17.8 Jun 2024 quarterly Mar 1980 - Jun 2024
Ivory Coast (%) 10.3 2023 yearly 1960 - 2023
Japan (%) 20.4 Mar 2023 quarterly Mar 1980 - Mar 2023
Jordan (%) 18.3 2023 yearly 1963 - 2023
Kazakhstan (%) 8.7 Sep 2022 quarterly Mar 1994 - Sep 2022
Kenya (%) 11.9 2023 yearly 1960 - 2023
South Korea (%) 17.7 Jun 2024 quarterly Mar 1960 - Jun 2024
Kosovo (%) 13.0 Dec 2022 quarterly Mar 2010 - Dec 2022
Kuwait (%) 20.7 2022 yearly 1962 - 2022
Kyrgyzstan (%) 17.9 Dec 2022 quarterly Mar 2000 - Dec 2022
Laos (%) 14.0 2016 yearly 2000 - 2016
Latvia (%) 21.0 Jun 2024 quarterly Mar 1992 - Jun 2024
Lebanon (%) 6.8 2021 yearly 1990 - 2021
Lithuania (%) 19.4 Jun 2024 quarterly Mar 1993 - Jun 2024
Luxembourg (%) 18.9 Jun 2024 quarterly Mar 1995 - Jun 2024
Macau SAR, China (%) 11.8 Jun 2024 quarterly Mar 1998 - Jun 2024
North Macedonia (%) 18.1 Jun 2024 quarterly Mar 2000 - Jun 2024
Malawi (%) 13.9 2019 yearly 1960 - 2019
Malaysia (%) 11.0 Jun 2024 quarterly Mar 1991 - Jun 2024
Malta (%) 15.7 Jun 2024 quarterly Mar 1992 - Jun 2024
Mauritius (%) 14.5 Jun 2024 quarterly Mar 1999 - Jun 2024
Mexico (%) 11.3 Jun 2024 quarterly Mar 1993 - Jun 2024
Moldova (%) 19.8 Jun 2024 quarterly Mar 1995 - Jun 2024
Mongolia (%) 20.1 Dec 2022 quarterly Mar 2010 - Dec 2022
Montenegro (%) 13.8 Sep 2022 quarterly Mar 2010 - Sep 2022
Morocco (%) 19.1 Jun 2024 quarterly Mar 2007 - Jun 2024
Mozambique (%) 17.2 2023 yearly 1963 - 2022
Nepal (%) 6.3 2024 yearly 1975 - 2024
Netherlands (%) 24.3 Mar 2023 quarterly Mar 1977 - Mar 2023
New Zealand (%) 23.0 Jun 2024 quarterly Jun 1987 - Jun 2024
Nigeria (%) 4.3 2023 yearly 1981 - 2023
Norway (%) 23.5 Jun 2024 quarterly Mar 1978 - Jun 2024
Oman (%) 17.9 2022 yearly 1980 - 2022
Pakistan (%) 8.7 2024 yearly 1960 - 2024
Palestinian Territory (%) 20.9 Jun 2024 quarterly Mar 2011 - Jun 2024
Panama (%) 13.7 2021 yearly 1996 - 2021
Paraguay (%) 12.0 Jun 2024 quarterly Mar 1994 - Jun 2024
Peru (%) 12.8 Jun 2024 quarterly Mar 1980 - Jun 2024
Philippines (%) 13.8 Dec 2022 quarterly Mar 1981 - Dec 2022
Poland (%) 20.4 Jun 2024 quarterly Mar 1995 - Jun 2024
Portugal (%) 20.4 Dec 2022 quarterly Mar 1995 - Dec 2022
Qatar (%) 13.1 Dec 2022 quarterly Mar 2013 - Dec 2022
Romania (%) 19.3 Jun 2024 quarterly Mar 1995 - Jun 2024
Russia (%) 17.5 Dec 2022 quarterly Mar 1993 - Dec 2022
Saudi Arabia (%) 23.7 Jun 2024 quarterly Mar 2003 - Jun 2024
Serbia (%) 16.8 Jun 2024 quarterly Mar 1995 - Jun 2024
Singapore (%) 10.2 2023 yearly 1960 - 2023
Slovakia (%) 24.6 Dec 2022 quarterly Mar 1990 - Dec 2022
Slovenia (%) 21.1 Jun 2024 quarterly Mar 1995 - Jun 2024
South Africa (%) 18.7 Jun 2024 quarterly Mar 1960 - Jun 2024
Spain (%) 19.2 Mar 2023 quarterly Mar 1980 - Mar 2023
Sri Lanka (%) 5.9 Mar 2023 quarterly Mar 2010 - Mar 2023
Sudan (%) 16.2 2023 yearly 1960 - 2023
Sweden (%) 25.8 Dec 2022 quarterly Mar 1980 - Dec 2022
Switzerland (%) 11.6 Jun 2024 quarterly Mar 1980 - Jun 2024
Syria (%) 2.7 2022 yearly 1963 - 2022

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Argentina Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -0.7 Jun 2024 quarterly Dec 2004 - Jun 2024
Consolidated Fiscal Balance (USD mn) 582.975 Sep 2024 monthly Jan 1993 - Sep 2024
Tax Revenue (USD mn) 9,096.893 Oct 2024 monthly Jan 1997 - Oct 2024
Tax Revenue: % of GDP (%) 17.8 Jun 2024 quarterly Mar 2004 - Jun 2024
National Government Debt (USD mn) 442,514.9 Jun 2024 quarterly Dec 1994 - Jun 2024
Government Debt: % of GDP (%) 80.3 Mar 2023 quarterly Dec 2004 - Mar 2023
Forecast: Government Expenditure (ARS bn) 740,993.414 2029 yearly 1993 - 2029
Forecast: Government Net Debt (ARS bn) 1,158,144.357 2029 yearly 1992 - 2029
Forecast: Government Revenue (ARS bn) 770,888.979 2029 yearly 1993 - 2029
Government Revenue: Taxes: Net Vat (ARS mn) 4,384,271.894 Oct 2024 monthly Jan 1997 - Oct 2024
Government Revenue: Social Security (ARS mn) 2,830,768.407 Oct 2024 monthly Jan 1997 - Oct 2024
NFPS 2017: Current Revenue (ARS mn) 9,113,914.700 Sep 2024 monthly Jan 2015 - Sep 2024
NFPS 2017: Current Expenditure (ARS mn) 8,334,570.600 Sep 2024 monthly Jan 2015 - Sep 2024
NFPS 2017: Capital Expenditure (ARS mn) 313,013.700 Sep 2024 monthly Jan 2015 - Sep 2024
NFPS 2017: Total Revenue (ARS mn) 9,114,215.000 Sep 2024 monthly Jan 2015 - Sep 2024
Non Financial Public Sector (NFPS) 2017: Total Balance (ARS mn) 466,630.700 Sep 2024 monthly Jan 2015 - Sep 2024
NFPS 2017: Total Expenditure (ARS mn) 8,647,584.300 Sep 2024 monthly Jan 2015 - Sep 2024
Government Revenue: Taxes (ARS mn) 187,540.45 Jul 2018 monthly Jan 1997 - Jul 2018
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 4.933 2028 yearly 1980 - 2028
Trade Balance (USD mn) 992.1 Sep 2024 monthly Jan 1991 - Sep 2024
Total Exports (USD mn) 6,691.8 Sep 2024 monthly Jan 1991 - Sep 2024
Total Exports Growth (%) -27.2 Apr 2023 monthly Jan 1992 - Apr 2023
Aluminum: Exports (USD th) 5,640.661 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 600,720.896 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 123,326.762 2022 yearly 1995 - 2022
Total Imports (USD mn) 5,699.7 Sep 2024 monthly Jan 1991 - Sep 2024
Total Imports Growth (%) -8.1 Sep 2024 monthly Jan 1992 - Sep 2024
Imports: Medicament (USD th) 1,433,987.074 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 1,977,432.955 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 491.080 Sep 2024 monthly Dec 1995 - Sep 2024
Total Imports from USA (USD mn) 497.096 Sep 2024 monthly Dec 1995 - Sep 2024
Total Exports to China (USD mn) 418.691 Sep 2024 monthly Jan 2003 - Sep 2024
Total Imports from China (USD mn) 1,381.989 Sep 2024 monthly Apr 1983 - Sep 2024
Exports: fob: Primary Products: Cereals (USD mn) 8,705.911 2023 yearly 1989 - 2023
Exports: fob: Industrial: Transport Material (USD mn) 8,350.345 2023 yearly 1989 - 2023
Exports: fob: Industrial: Chemicals & Related Products (USD mn) 4,286.131 2023 yearly 1989 - 2023
Exports: fob: Agricultural: Residues & Waste from Food Industry (USD mn) 9,022.071 2023 yearly 1989 - 2023
Exports: fob: Agricultural: Fats and Oils (USD mn) 5,821.010 2023 yearly 1989 - 2023
Export Value Index (2015=100) 137.248 2021 yearly 1980 - 2021
Import Value Index (2015=100) 104.950 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 710.0 Jun 2024 quarterly Mar 1992 - Jun 2024
Current Account Balance (USD mn) 3,490.2 Jun 2024 quarterly Mar 1976 - Jun 2024
Current Account Balance: % of GDP (%) 2.3 Jun 2024 quarterly Mar 2004 - Jun 2024
Foreign Direct Investment (USD mn) 2,644.2 Jun 2024 quarterly Mar 1977 - Jun 2024
Foreign Direct Investment: % of GDP (%) 1.7 Jun 2024 quarterly Mar 2004 - Jun 2024
Foreign Portfolio Investment (USD mn) 860.065 Jun 2024 quarterly Mar 1994 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) 0.6 Jun 2024 quarterly Mar 1994 - Jun 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 32.0 Jun 2024 quarterly Mar 1994 - Jun 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 828.084 Jun 2024 quarterly Mar 1994 - Jun 2024
External Debt (USD mn) 286,881.1 Jun 2024 quarterly Mar 2006 - Jun 2024
External Debt: % of GDP (%) 45.3 2023 yearly 1994 - 2023
External Debt: Short Term (USD mn) 106,177.6 Jun 2024 quarterly Sep 2003 - Jun 2024
External Debt: Short Term: % of GDP (%) 16.5 2023 yearly 2003 - 2023
Forecast: Current Account Balance (USD bn) 10.560 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) 41,998.005 Jun 2024 quarterly Mar 2016 - Jun 2024
AR: BoP: Current Account: Services (USD mn) -6,415.897 2023 yearly 1976 - 2023
AR: BoP: Current Account: Services: Credit (USD mn) 16,110.565 2023 yearly 1976 - 2023
AR: BoP: Financial Account: Other Investment: Assets (USD mn) 15,380.081 2023 yearly 1976 - 2023
AR: BoP: Financial Account: Financial Derivatives & Employee Stock Options: Liab... (USD mn) -4.297 2022 yearly 2002 - 2022
AR: BoP: Financial Account: Financial Derivatives & Employee Stock Options: Asse... (USD mn) 0.153 2022 yearly 2006 - 2022
AR: BoP: Current Account (USD mn) -20,955.533 2023 yearly 1976 - 2023
AR: BoP: Current Account: Secondary Income (USD mn) 1,899.474 2023 yearly 1976 - 2023
AR: BoP: Financial Account: Portfolio Investment: Liabilities (USD mn) -4,215.200 2023 yearly 1976 - 2023
AR: BoP: Financial Account: Portfolio Investment: Liabilities: Debt Securities (USD mn) -4,125.084 2023 yearly 1976 - 2023
AR: BoP: Current Account: Debit (USD mn) 113,525.338 2023 yearly 1976 - 2023
AR: BoP: Financial Account: Other Investment (USD mn) 10,412.580 2023 yearly 1976 - 2023
AR: BoP: Financial Account: Official Reserve Assets (USD mn) -21,674.972 2023 yearly 1976 - 2023
BoP: Current Account: Services: Import (USD mn) 4,941.719 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: Financial Account: Other Investments (USD mn) 3,346.798 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: FA: Liabilities: Financial Derivatives (USD mn) 1.243 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: FA: Assets: Financial Derivatives (USD mn) -4.777 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: Financial Account: Direct Invt: NIL: Equity Investments & Investment Fund S... (USD mn) 1,205.604 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: Financial Account: Direct Invt: NIL: Debt Securities (USD mn) 1,438.618 Jun 2024 quarterly Mar 2006 - Jun 2024
Foreign Direct Investment (USD mn) 6,572.490 Mar 2024 quarterly Mar 2017 - Mar 2024
Foreign Direct Investment: Wholesale, Retail Trade & Repair of Motor Vehicles & ... (USD mn) 485.451 Mar 2024 quarterly Mar 2017 - Mar 2024
Foreign Direct Investment: Mining & Quarrying (USD mn) 1,010.450 Mar 2024 quarterly Mar 2017 - Mar 2024
Foreign Direct Investment: Manufacturing (USD mn) 2,322.623 Mar 2024 quarterly Mar 2017 - Mar 2024
Foreign Direct Investment: Deposit-taking Corporations, except Central Bank (USD mn) 2,464.358 Mar 2024 quarterly Mar 2017 - Mar 2024
AR: BOP: Financial Account: Net (USD mn) -26,737.125 2023 yearly 1976 - 2023
AR: BOP: Net Errors and Omissions (USD mn) -5,952.946 2023 yearly 1976 - 2023
AR: BOP: Current Account: Imports: Goods (USD mn) 69,773.053 2023 yearly 1976 - 2023
AR: BOP: Current Account: Imports: Service (USD mn) 22,526.462 2023 yearly 1976 - 2023
AR: BOP: Current Account: Primary Income: Receipts (USD mn) 6,311.320 2023 yearly 1976 - 2023
AR: BOP: Current Account: Primary Income: Net (USD mn) -13,502.260 2023 yearly 1976 - 2023
AR: BOP: Current Account: Exports: Service (USD mn) 16,110.565 2023 yearly 1976 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.6 Aug 2024 monthly Dec 2002 - Aug 2024
Household Debt: % of GDP (%) 4.1 Jun 2024 quarterly Dec 2004 - Jun 2024
Money Supply M1 (USD mn) 34,066.644 Aug 2024 monthly Jan 1990 - Aug 2024
Money Supply M2 (USD mn) 74,284.041 Aug 2024 monthly Jan 1990 - Aug 2024
M2 Growth (%) 190.2 Aug 2024 monthly Jan 1991 - Aug 2024
Reserve Requirement Ratio (%) 41.6 Aug 2024 monthly Apr 1985 - Aug 2024
Foreign Exchange Reserves (USD mn) 21,843.7 Sep 2024 monthly Dec 1956 - Sep 2024
Foreign Exchange Reserves: % of GDP (%) 3.975 Jun 2024 quarterly Dec 2004 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 3.7 May 2023 monthly Jan 1990 - May 2023
Gold Reserves (USD mn) 5,234.800 Sep 2024 monthly Dec 1956 - Sep 2024
Total Deposits (USD mn) 86,535.031 Oct 2024 monthly Jul 2002 - Oct 2024
Total Deposits Growth (%) 140.9 Oct 2024 monthly Jul 2003 - Oct 2024
Domestic Credit (USD mn) 172,455.7 Aug 2024 monthly Jan 1990 - Aug 2024
Domestic Credit Growth (%) 162.2 Aug 2024 monthly Jan 1991 - Aug 2024
Credit to Households (USD bn) 9.555 Dec 2023 quarterly Mar 1994 - Dec 2023
Credit to Private Non-Financial Sector (USD bn) 82.636 Dec 2023 quarterly Mar 1990 - Dec 2023
Household Debt (USD mn) 19,977.0 Aug 2024 monthly Dec 1999 - Aug 2024
Total Loans (USD mn) 201,589.117 Aug 2024 monthly Jan 1990 - Aug 2024
Total Loans Growth (%) 178.42 Aug 2024 monthly Jan 1991 - Aug 2024
Private Debt: % of Nominal GDP (%) 9.42 Jun 2024 quarterly Dec 2004 - Jun 2024
Money Supply: Month End: M1 (ARS th) 32,482,545,389.000 Aug 2024 monthly Jan 1990 - Aug 2024
Money Supply: Month End: M2 (ARS th) 70,829,833,433.000 Aug 2024 monthly Jan 1990 - Aug 2024
Money Supply: Month End: M3 (ARS th) 113,353,171,440.000 Aug 2024 monthly Jan 1990 - Aug 2024
Official Reserve Assets (ORA) (USD mn) 27,172.270 Sep 2024 monthly Dec 1999 - Sep 2024
ORA: Foreign Currency Reserves (FCR) (USD mn) 21,843.660 Sep 2024 monthly Jul 2006 - Sep 2024
ORA: Gold Incl Gold Deposits & Gold Swapped (USD mn) 5,234.800 Sep 2024 monthly Dec 1999 - Sep 2024
Deposits: ARS (ARS mn) 85,842,751.065 Oct 2024 monthly Jul 2002 - Oct 2024
Loans (ARS mn) 5,759,914.20 Jun 2018 monthly Jan 1990 - Jun 2018
Loans: ARS: Non Financial: Private: Mortgages (ARS mn) 1,079,978.323 Oct 2024 monthly Jul 2002 - Oct 2024
Business and Economic Survey Last Frequency Range
Geopolitical Risk Index (%) 0.048 Oct 2024 monthly Jan 1985 - Oct 2024

More Indicators for Argentina

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